136
136
Nov 6, 2013
11/13
by
CNBC
tv
eye 136
favorite 0
quote 0
you look at our economies slowly moving forward. theirs are very tepid. the consumer has been very constrained. we could see consumers do better. >> i'll add one thing. long-term rates are going back up. you can see that now. the charts are changing. long term rates rise because real growth in the economy is going to be better. that means the dollar is better. u.s. stocks are more attractive. that's my safe haven argument. >>> next up, moments away from polls closing in new jersey. now if chris christie wins in a landslide as expected, will that turn it to a blue state for a presidential election. we'll discuss that up next on kudlow. ly? ly? what's wrong with trying new things? look! mommy's new vacuum! (cat screech) you feel that in your muscles? i do... drink water. it's a long story. well, not having branches let's us give you great rates and service. i'd like that. a new way to bank. a better way to save. ally bank. your money needs an ally. jbut when it comes to investing, things i prefer to do on my own. i just think it's better to work with someon
you look at our economies slowly moving forward. theirs are very tepid. the consumer has been very constrained. we could see consumers do better. >> i'll add one thing. long-term rates are going back up. you can see that now. the charts are changing. long term rates rise because real growth in the economy is going to be better. that means the dollar is better. u.s. stocks are more attractive. that's my safe haven argument. >>> next up, moments away from polls closing in new...
49
49
Sep 7, 2013
09/13
by
CNBC
tv
eye 49
favorite 0
quote 0
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >> whether i'm a part of this business or not, the ice cream will still get made, but it won't be as profitable... >> right. >> it won't be as big, and it won't be ready for michael to take it over if you don't take this step. >> i'm--i'm ready. i-i feel better. you know, just getting out and clearing my head a little bit and just talking to you one-on-one. i'm--i'm ready. >> your dad and your brother would be very proud of you. >> they would be. they would be. i know they would be. >> cleanup is finally under way at the warehouse, but a big problem has come up, and i need to meet with michael immediately. michael, there's something that i want to talk to you about, okay? >> okay. >> from the beginning, we've been talking about 600,000... is the building and the build
i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. at massmutual we're owned by our policyowners, and they matter most to us. ready to plan for your future? we'll help you get there. >> whether i'm a part of this business or not, the ice cream will still get made, but it won't be as profitable... >> right. >> it won't be as big, and it won't be ready for michael to...
262
262
Nov 27, 2013
11/13
by
CNBC
tv
eye 262
favorite 0
quote 1
we have a fluid economy. it's about the can-do spirit and we do what we have to do to create value for our customers, our employees and shareholders. there's a lot of flexibility involved with that. of course, there has to be some sensitivities to people's personal value. it's all about balance, i think. >> do they have a choice, by the way, if they have a real problem about working on thanksgiving? >> of course. that's what the flex siblt all about. some people don't celebrate thanksgiving. some do. it's about helping the country at the same time and i think this whole issue is about balance. >> real quick. how important is thanksgiving? black friday, some people forget, gets its name from traditionally be the time of year when retailers would book a profit for the year. how critical is it for american apparel? >> in our mall stores, it's absolutely critical. it's a critical shopping festival in the united states, so we have to take advantage of. again, we're competing with -- there's worldwide competition.
we have a fluid economy. it's about the can-do spirit and we do what we have to do to create value for our customers, our employees and shareholders. there's a lot of flexibility involved with that. of course, there has to be some sensitivities to people's personal value. it's all about balance, i think. >> do they have a choice, by the way, if they have a real problem about working on thanksgiving? >> of course. that's what the flex siblt all about. some people don't celebrate...
117
117
Jun 12, 2013
06/13
by
CNBC
tv
eye 117
favorite 0
quote 0
the captains are doing anything they can to revive their economy but the backlash is what can be figured out. charles lindbergh found reasons to respect the third reich in the '30s and chose not to worry about it. you must be vigilant. how the fed might or might not do stimulus. a messy affair. now that we've established my macro and given you our worldwide miranda warning, let's talk about what else is there. they also caused five speed bumps. think about cyprus. remember when i refused to panic? about cyprus. i thought it was cypress semi. i was a little skittish about pricing until i was told that i was dead wrong. cyprus, you didn't know it, was the lynchpin for worldwide capitalism. that's why this morning i went for a dripping with sarcasm rap on squawk on the street. i didn't want to get on the wrong side of the screaming. so i was willing to stick it right here, right now, the turkish riots in a plummeting high stock market. and real bad pad thai i had the other night did signal the end of the world, but, you know what happens when we get to the end of the world? people fly in to
the captains are doing anything they can to revive their economy but the backlash is what can be figured out. charles lindbergh found reasons to respect the third reich in the '30s and chose not to worry about it. you must be vigilant. how the fed might or might not do stimulus. a messy affair. now that we've established my macro and given you our worldwide miranda warning, let's talk about what else is there. they also caused five speed bumps. think about cyprus. remember when i refused to...
130
130
Jun 7, 2013
06/13
by
CNBC
tv
eye 130
favorite 0
quote 0
so is the economy getting back on track? we bring in christina romer. miss romer, grade to have you back on the program. >> great to be with you. >> what's your initial reaction to this report? >> you know, i think it kind of defines the word "solid." it's certainly fine. 175,000 jobs is, you know, okay. i was pretty pleased with the household survey that came in at, you know, over 300,000 jobs. i'm always reassured when those two numbers go in the same direction. so it's not nearly as strong as we need, but it certainly is a sign that the u.s. economy is continuing to grow. >> but do you think that the economic recovery is self-sustaining at this point? i mean, can the fed start cutting back on the stimulus at this point in your view? >> i really think it would be a mistake. i think if you look at the big picture, you know, today's numbers, again, solid, but employment is still some 2.5 million below what it was at the peak. and we know the unemployment rate is still very much above normal. and let's remember inflation. it's below the fed's target, and
so is the economy getting back on track? we bring in christina romer. miss romer, grade to have you back on the program. >> great to be with you. >> what's your initial reaction to this report? >> you know, i think it kind of defines the word "solid." it's certainly fine. 175,000 jobs is, you know, okay. i was pretty pleased with the household survey that came in at, you know, over 300,000 jobs. i'm always reassured when those two numbers go in the same direction. so...
31
31
Sep 6, 2013
09/13
by
CNBC
tv
eye 31
favorite 0
quote 0
what do you think it does to the economy? we have a whole generation that when they graduate, they can't go out and buy things. they can't buy houses. they can't buy cars. >> yeah. >> and the generation, multiple, parents paying off the student loans, the kids are paying off the student loans. perpetuating itself. thank you for trying to break the cycle. >> and when you hear common sense, it's, like, holy cow, common sense. >> somebody has to do it. they're a great team. ranku has a great team. i'm thrilled to be a part of it. >> that's your current investment. what's your next investment? >> i was talking about personalized medicine. now, it's more as it applies to the mavericks. obviously, our asset base is our players. being able to add a few years, eliminate injuries, reduce injuries -- what's happening is the bodies are becoming a math equation, whereas we're able to decode the genome. that's happening faster and faster and faster. so i've been looking at different companies, you know, that break down the genome, that al
what do you think it does to the economy? we have a whole generation that when they graduate, they can't go out and buy things. they can't buy houses. they can't buy cars. >> yeah. >> and the generation, multiple, parents paying off the student loans, the kids are paying off the student loans. perpetuating itself. thank you for trying to break the cycle. >> and when you hear common sense, it's, like, holy cow, common sense. >> somebody has to do it. they're a great team....
130
130
Feb 25, 2013
02/13
by
CNBC
tv
eye 130
favorite 0
quote 0
economy in the second half will be stronger than the first half. emerging markets are grabbing hold and no longer declining. so the world is healing, becoming less bad, if i can put it that way. i want cyclicals in my proposal, industrials, energy company or mrl here or there. in defense, i like health care, the kinds of name, free cash flower ieoriented that i think n win. >> appreciate your time on the program. see you soon. >>> up next, we're "on the money" speaking out about entitlements and america's future. the march 1 deadline draws near. what all of washington is waiting for when it comes to cutting, spending and the road ahead. >>> plus technology may be where the jobs, what it means for local businesses. i'll talk to new york's top tech geek. >> legendary former hedge fund manager stany druken miller and education reformer, jeff canada teamed up to raise awareness and a warning about what they say is a much bigger problem than sequestration. that is the debt. this week i spoke to them both about the bond market, unintended consequences an
economy in the second half will be stronger than the first half. emerging markets are grabbing hold and no longer declining. so the world is healing, becoming less bad, if i can put it that way. i want cyclicals in my proposal, industrials, energy company or mrl here or there. in defense, i like health care, the kinds of name, free cash flower ieoriented that i think n win. >> appreciate your time on the program. see you soon. >>> up next, we're "on the money" speaking...
131
131
Nov 5, 2013
11/13
by
CNBC
tv
eye 131
favorite 0
quote 0
is this enough to boost the economy? >> look, there's a demand side way of looking at it and a supply side way. the demand side way is having to spend so much on gasoline crowds out other expenditures. i like the supply side way. when gas is cheap, you can buy more gas. you can drive a car that will fit your whole family. you can live in a home that's further away from your work. you can go to home depot and buy more stuff. gas is the stuff of growth. for the last ten years, we've been spending 3% of gdp on gas. that's too much. during the reagan years and the carter years, we were spending 1% of gdp on gas. that's what makes growth possible. we could get back there again. we just need a republican congress and a republican president to take the chains off fracking. we could have 50 cent gasoline. >> i'm -- i'd love to take the chains off fracking, but we had a much stronger dollar. during the reagan years, we had a much stronger dollar. if memory serves me, the price of crude oil at that point, global price went from ab
is this enough to boost the economy? >> look, there's a demand side way of looking at it and a supply side way. the demand side way is having to spend so much on gasoline crowds out other expenditures. i like the supply side way. when gas is cheap, you can buy more gas. you can drive a car that will fit your whole family. you can live in a home that's further away from your work. you can go to home depot and buy more stuff. gas is the stuff of growth. for the last ten years, we've been...
73
73
May 31, 2013
05/13
by
CNBC
tv
eye 73
favorite 0
quote 0
people really see, you know as the economy -- these are the ultra cyclical names, right? and some people view them as a much cheaper way to play the housing department -- housing recovery, so we've been seeing you know call buying out to january, upside out of the money. >> okay. moving on here. does your insurance cover object objects falling from outer space? >> huh? >> today, a giant asteroid nearly two miles long is making its closest path to earth in 200 years. jane wells has a look at how you'd be covers if a space rock did, in fact, fall on your house. jane? >> melissa, fortunately, we dodged another bullet. a bullet that is 1.7 miles long called asteroid 1998-qe 2. this is the speed from space.com. >> this is the minute right now, we are there right now. as qe-2 is at its very closest to earth. >> that is so exciting. that was 24 minutes ago. the rock came as close as 3.6 million mimeles. is this or any space object if it hits your house, you are covered by your regular homeowners poll sill if it's a direct hit. it's a little bit more complicated if you get blow b
people really see, you know as the economy -- these are the ultra cyclical names, right? and some people view them as a much cheaper way to play the housing department -- housing recovery, so we've been seeing you know call buying out to january, upside out of the money. >> okay. moving on here. does your insurance cover object objects falling from outer space? >> huh? >> today, a giant asteroid nearly two miles long is making its closest path to earth in 200 years. jane wells...
149
149
Dec 26, 2013
12/13
by
CNBC
tv
eye 149
favorite 0
quote 0
how you have to sell the cyclicals and buy the secular as the economies start to flow. if you want to outperform, you do it. even though these hedge fund committees behavior like herd animals, their play book nevertheless works. the reason for that has to do with another piece of wall street jib rush lexicon that you absolutely must know if you're going to pick your own stocks. that's the price to earnings multiple, often heard of as the pe multiple or just the multi e multiple. they all refer to the same thing and it's one of the cornerstones about how they value stocks. they're talking about the multiple. when you hear someone say the pepsi cois more expensive than coca-cola, they aren't using just the share price. the share price tells you nothing about a stock appears valuation vis-a-vis another stock. you have to take a step back. when you buy a stock, you're paying for a small piece of the company's earnings streak. to value a stock, you have to look at where it's trading relative to the others in the earnings per share category. that's what the multiple allows yo
how you have to sell the cyclicals and buy the secular as the economies start to flow. if you want to outperform, you do it. even though these hedge fund committees behavior like herd animals, their play book nevertheless works. the reason for that has to do with another piece of wall street jib rush lexicon that you absolutely must know if you're going to pick your own stocks. that's the price to earnings multiple, often heard of as the pe multiple or just the multi e multiple. they all refer...
92
92
Jul 14, 2013
07/13
by
CNBC
tv
eye 92
favorite 0
quote 0
economy. >> that sent the major indexes higher. the dow and the s&p 500 closing in record territory on thursday. the markets having their best day in about a month. and the nasdaq hit a 13-year high on friday as well. earning season kicked off with a bang this week. jpmorgan chase and wells fargo coming in above expectations welles alcoa. gas prices are about to spike in prime driving season. expect a jump of 10 to 20 cents per gallon of gasoline. it's because of tensions in the middle east and inventory issues in the united states. >>> barnes & noble trying to read its own future. the ceo resigns suddenly. it's possible the iconic bookstore may once again become a private company. >>> the markets are certainly happy to hear what ben bernanke had to say this week. we also saw the kickoff to the earning season as well. what does it mean for your money and going forward? joining me now danielle hughes and bob doll. thanks so much to you both for joining us. good to see you both. so what a week. we're at a record high for the dow jone
economy. >> that sent the major indexes higher. the dow and the s&p 500 closing in record territory on thursday. the markets having their best day in about a month. and the nasdaq hit a 13-year high on friday as well. earning season kicked off with a bang this week. jpmorgan chase and wells fargo coming in above expectations welles alcoa. gas prices are about to spike in prime driving season. expect a jump of 10 to 20 cents per gallon of gasoline. it's because of tensions in the...
120
120
Aug 3, 2013
08/13
by
CNBC
tv
eye 120
favorite 0
quote 0
usually sit out in the big rallies, more cyclical names of companies that do better in an improving economy they ramp. fact is we don't care about blame, we care about winning. and stocks that can't win even in a major rally are stocks you might want to think twice about owning. they're the most vulnerable stocks when a market switches direction. here's the bottom line. after a major short-term rally you want to trim some of your big winners, pare back some momentum names sell some stocks you already planned on dumping and last but not least sell the losers that did nothing in the rally at all and got left behind. i'm telling you right now, they're just plain bad. stick with cramer! >> announcer: keep up with cramer all day long. follow @jimcramer on twitter and tweet your questions, #madtweets. what it's carrying, while using less fuel. delivering whatever the world needs, when it needs it. ♪ after all, what's the point of talking if you don't have something important to say? ♪ and this park is the inside of your body. see, the special psyllium fiber in metamucil actually gels. and tha
usually sit out in the big rallies, more cyclical names of companies that do better in an improving economy they ramp. fact is we don't care about blame, we care about winning. and stocks that can't win even in a major rally are stocks you might want to think twice about owning. they're the most vulnerable stocks when a market switches direction. here's the bottom line. after a major short-term rally you want to trim some of your big winners, pare back some momentum names sell some stocks you...
110
110
Sep 6, 2013
09/13
by
CNBC
tv
eye 110
favorite 0
quote 0
they are slowly coming back, they are buying and keeping the domestic economy humming in a nation where ten-year rates have doubled in a few months. it was never really about the rate of credit with these people anyway. it was about getting credit at all. when the workforce rates wither higher anyway. that's how the domestic stocks can go higher, how ford and gm can break out from here and how the regional banks regain strength. sure, international business can and will take us higher, but it's pent-up demand that will determine the next leg of this market, the missing piece of the puzzle and the only explanation of how we can continue to have good spending numbers even as jobs become so hard to come by. stay with cramer. >>> i'd like to know, are you long america? >> we at ford and the united states are competing with the best companies in the world. >> look at the global competitiveness of american companies by any measure. >> my life story can be your life story. you can start with nothing in america and create the american dream. hero: if you had a chance to go anywhere in the world
they are slowly coming back, they are buying and keeping the domestic economy humming in a nation where ten-year rates have doubled in a few months. it was never really about the rate of credit with these people anyway. it was about getting credit at all. when the workforce rates wither higher anyway. that's how the domestic stocks can go higher, how ford and gm can break out from here and how the regional banks regain strength. sure, international business can and will take us higher, but it's...
125
125
Jun 5, 2013
06/13
by
CNBC
tv
eye 125
favorite 0
quote 0
let's have a real economy where the business starts to do better and we can buy the companies that do well rather than those that look a lot like bonds. this is a bit about what ben bernanke might do or not do. members believe that well managed companies can determine their own fate. those who belong to this cohort don't like to hide. they're not hiding in coca-cola or kellogg. they can't believe they found something to like at southern company or con ed or duke energy. all of them are camping here. they don't consider hiding as investing. they think seeking companies that are cheap, well-run and doing better than expected, because the ceo is doing a fabulous job, is the secret to making money. and they're tired of hearing their efforts to pick individual stocks mean nothing. in part because managements figured out ways to make more money with less. this second camp of seekers believes the u.s. is getting strong, unlike the fearers. they want earnings. they think china might get back on the grid, cheered by sales from ford and gm. classic seeker stories. they know they can't happen un
let's have a real economy where the business starts to do better and we can buy the companies that do well rather than those that look a lot like bonds. this is a bit about what ben bernanke might do or not do. members believe that well managed companies can determine their own fate. those who belong to this cohort don't like to hide. they're not hiding in coca-cola or kellogg. they can't believe they found something to like at southern company or con ed or duke energy. all of them are camping...
94
94
Sep 7, 2013
09/13
by
CNBC
tv
eye 94
favorite 0
quote 0
they are slowly coming back, they are buying and keeping the domestic economy humming in a nation where ten-year rates have doubled in a few months. it was never really about the rate of credit with these people anyway. it was about getting credit at all. when the workforce rates wither higher anyway. that's how the domestic stocks can go higher, how ford and gm can break out from here and how the regional banks regain strength. as demand comes back in all sorts of places we had just clean forgotten about. sure, international business can and will take us higher, but it's pent-up demand that will determine the next leg of this market, the missing piece of the puzzle and the only explanation of how we can continue to have good spending numbers even as jobs become so hard to come by. stay with cramer. [singing] hoveround takes me where i wanna go... where will it send me... one call to hoveround and you'll be singing too! pick up the phone and call hoveround, the premier power chair. hoveround makes it easier than any other power chair. hoveround is more maneuverable to get you through th
they are slowly coming back, they are buying and keeping the domestic economy humming in a nation where ten-year rates have doubled in a few months. it was never really about the rate of credit with these people anyway. it was about getting credit at all. when the workforce rates wither higher anyway. that's how the domestic stocks can go higher, how ford and gm can break out from here and how the regional banks regain strength. as demand comes back in all sorts of places we had just clean...
55
55
Sep 7, 2013
09/13
by
CNBC
tv
eye 55
favorite 0
quote 0
they are slowly coming back, they are buying and keeping the domestic economy humming in a nation where ten-year rates have doubled in a few months. it was never really about the rate of credit with these people anyway. it was about getting credit at all. when the workforce rates wither higher anyway. that's how the domestic stocks can go higher, how ford and gm can break out from here and how the regional banks regain strength. sure, international business can and will take us higher, but it's pent-up demand that will determine the next leg of this market, the missing piece of the puzzle and the only explanation of how we can continue to have good spending numbers even as jobs become so hard to come by. stay with cramer. ♪ [ male announcer ] staying warm and dry has never been our priority. our priority is, was and always will be serving you, the american people. so we improved priority mail flat rate to give you a more reliable way to ship. now with tracking up to eleven scans, specified delivery dates, and free insurance up to $50 all for the same low rate. [ woman ] we are the uni
they are slowly coming back, they are buying and keeping the domestic economy humming in a nation where ten-year rates have doubled in a few months. it was never really about the rate of credit with these people anyway. it was about getting credit at all. when the workforce rates wither higher anyway. that's how the domestic stocks can go higher, how ford and gm can break out from here and how the regional banks regain strength. sure, international business can and will take us higher, but it's...
98
98
Jun 27, 2013
06/13
by
CNBC
tv
eye 98
favorite 0
quote 0
economy. i know memorial day weekend, you put out some fabulous stuff, but those folks who say this morning, that since the fed moved, sales got a little softer. is that just moment tear headline risk? >> i think it's near term because we are part of a very large transformation. in our economy. because we've got the economy going now, we're managing the interest rates, managing the rest of the economy. so, i think there's going to be a time where there will be fallback from the stimulus. >> more incentives that you have to offer? >> i don't think so because we got the economy going. they value the trucks and the cars and the average age of vehicles today is nearly 11 years old, so when you buy a new car today, you can obsolete your older vehicle. >> one of the things that you told me was, i have a place in mexico, it happens to be right next to a new bmw plant. new japanese plant and close to gm engine. i think that's a shame, but that's the way it is. what's the difference between building a
economy. i know memorial day weekend, you put out some fabulous stuff, but those folks who say this morning, that since the fed moved, sales got a little softer. is that just moment tear headline risk? >> i think it's near term because we are part of a very large transformation. in our economy. because we've got the economy going now, we're managing the interest rates, managing the rest of the economy. so, i think there's going to be a time where there will be fallback from the stimulus....
345
345
Nov 5, 2013
11/13
by
CNBC
tv
eye 345
favorite 0
quote 1
preventing systemic risks in the economy. it's a fine line to walk, but that is what the central bank is saying there today. speaking of china, growth in the country's services industry edged up in october. a private survey suggesting there are further indications that the economy has stabilized. and australia's central bank announcing it's keeping its cash ready steady at a record low of 2%. the european commission out with its latest forecast this morning saying that europe's economic recovery will continue into the second half of the year, though, as subdued pace. in the meantime, unemployment will remain high through next year. we'll have more from ross westgate about how that is affecting european markets, but rye in and out, andrew, back over to you. >> thank you, becky. jpmorgan has talked with the justice department and is now said to be gaining momentum again after several disagreements which planned to scuttle the impact between the two sides. the latest in the "wall street journal" saying that the comprehensive fin
preventing systemic risks in the economy. it's a fine line to walk, but that is what the central bank is saying there today. speaking of china, growth in the country's services industry edged up in october. a private survey suggesting there are further indications that the economy has stabilized. and australia's central bank announcing it's keeping its cash ready steady at a record low of 2%. the european commission out with its latest forecast this morning saying that europe's economic...
74
74
May 13, 2013
05/13
by
CNBC
tv
eye 74
favorite 0
quote 0
and it's still the economy, stupid. really. china, of course, and the fed all playing tug of war with your portfolio. here is president obama just a few moments ago. >> i first learned about it from the same news reports that i think most people learned about this. irs and were intentionally targeting conservative groups then that's outrageous. >> as you know, larry already has a lot to say. >> all right. welcome. we're going to start with irs gate. what do you think about this. >> now a tea party and patriots. any applications from these 501 c-4s. associated with israel groups. you were put under the mike scope. that's a new revelation. a second memo came out in july of 2011. >> it certainly doesn't make it right at any level. >> it's stupid no matter where it started. see which people are really legitimate. if you apply for that status you can do some political work. too late for them to be saying outrageous. of course it is. >> how about the treasury department? where is the treasury department? >> they should have said it f
and it's still the economy, stupid. really. china, of course, and the fed all playing tug of war with your portfolio. here is president obama just a few moments ago. >> i first learned about it from the same news reports that i think most people learned about this. irs and were intentionally targeting conservative groups then that's outrageous. >> as you know, larry already has a lot to say. >> all right. welcome. we're going to start with irs gate. what do you think about...
410
410
Nov 3, 2013
11/13
by
CNBC
tv
eye 410
favorite 0
quote 0
the economy got you into that situation. the developer that was developing that area got you into that situation. the bank should be willing to help you. and if they're not willing to help you, you have got to help yourself. let's go to new jersey. stacie, ask me your question. >> hi, suze. how are you? >> i'm pretty fabulous tonight, and, actually, i think i'm really fabulous. i don't know why, but i am. but anyway, what can i do for you? >> my husband and i have been separated for about a year and a half -- almost two years -- and i really, really, really want to file for divorce. >> yes. >> my problem is that when we were happy and together, he got a car in my name because his credit was awful and mine was really, really good. >> yes. >> he owes $30,000 on it, and he's continuously late. he's about 16 months continuously late -- i mean, not past 30 days, but still late. and it's affecting my credit now, and i want it out of my name. i was thinking about a voluntary repo, but i didn't know how that would affect my credit,
the economy got you into that situation. the developer that was developing that area got you into that situation. the bank should be willing to help you. and if they're not willing to help you, you have got to help yourself. let's go to new jersey. stacie, ask me your question. >> hi, suze. how are you? >> i'm pretty fabulous tonight, and, actually, i think i'm really fabulous. i don't know why, but i am. but anyway, what can i do for you? >> my husband and i have been...
82
82
Jun 7, 2013
06/13
by
CNBC
tv
eye 82
favorite 0
quote 0
copper tied to the economy. as the economy looks a little bit better and jobs look a little bit better, copper is holding up better than the rest of the complex. back to you. >> thanks so much. this morning we had allen greenspan. here is what he had to say. >> tapering is obviously the first thing. but tapering is still increasing the size of the balance sheet and that means it's going to be a little bit more difficult to reverse it. i'm a little concerned that the reversal is more difficult than we may think. >> that was the former head, alan greenspan. tapering is still increasing the balance sheet, something the fed should not be doing. >> he is making a radical argument that i don't think the street is ready for and that is that they should stop tapering right now. i don't think the fed is ready for that right now. everybody can now say the fed is probably now comfortable with this policy that they have got. let's move on here. there was an article out saying the fed is on track to reduce its buying program
copper tied to the economy. as the economy looks a little bit better and jobs look a little bit better, copper is holding up better than the rest of the complex. back to you. >> thanks so much. this morning we had allen greenspan. here is what he had to say. >> tapering is obviously the first thing. but tapering is still increasing the size of the balance sheet and that means it's going to be a little bit more difficult to reverse it. i'm a little concerned that the reversal is more...
172
172
Oct 24, 2013
10/13
by
CNBC
tv
eye 172
favorite 0
quote 0
i think in japan we want more exposure to the domestic economy. that would suggest less the big exporters and more the mid-size companies. >> we'll leave it there. good to have you on the program. thank you so much. heather, good to see you as always. >>> we want to get to an earnings alert. microsoft earnings out. josh lipton with numbers. >> yeah, maria. microsoft reporting and beating. now on the bottom line the street was looking for 54 cents. microsoft beats, turns in eps of 62. on the top line, also a beat. the street was looking for 17.8 billion. microsoft reports 18.5 billion. you also have different new reporting segments this time. remember, of course, you have these microsoft realigning its business structure as it transitions to a devices and services company. the new segments here, devices and consumer, that includes dnc licensing, which comprises windows, d & c hardware, xbox and surface, d & c revenue in total 7.46 billion. that was better than some of the estimates i saw out there. as for commercial segments, that includes server p
i think in japan we want more exposure to the domestic economy. that would suggest less the big exporters and more the mid-size companies. >> we'll leave it there. good to have you on the program. thank you so much. heather, good to see you as always. >>> we want to get to an earnings alert. microsoft earnings out. josh lipton with numbers. >> yeah, maria. microsoft reporting and beating. now on the bottom line the street was looking for 54 cents. microsoft beats, turns in...
87
87
Jul 12, 2013
07/13
by
CNBC
tv
eye 87
favorite 0
quote 0
but the economy is strengthening. you're seeing it in the employment trends. it's not a robust enormous recovery, but it's gradual and going in the right direction. >> so going back to the regional banks, we've had people come on the show and talk about the fact that the smaller banks, regional banks can't hedge that interest rate exposure like a bigger bank can. that would be a counterargument to the large regional banks. where do you stand on that? are you talking about an sti? because she was talking about some of the northeast, smaller regional banks. >> my sense is i'd stick in the smaller area. they don't have the large bond portfolios. that's where you can get in trouble and those are the mid to larger banks. the smaller regional banks tend to benefit more from low end demand and most of the recovery is domestic oriented. which means the more local businesses are going to be looking for more loans and you get to reprice your loans faster than deposits so you start getting a spread on your margins which is how they make money whereas the mid banks and la
but the economy is strengthening. you're seeing it in the employment trends. it's not a robust enormous recovery, but it's gradual and going in the right direction. >> so going back to the regional banks, we've had people come on the show and talk about the fact that the smaller banks, regional banks can't hedge that interest rate exposure like a bigger bank can. that would be a counterargument to the large regional banks. where do you stand on that? are you talking about an sti? because...
247
247
Oct 16, 2013
10/13
by
CNBC
tv
eye 247
favorite 0
quote 0
from td ameritrade. ♪ [ male announcer ] more room in economy plus. more comfort, more of what you need. ♪ that's... built around you friendly. ♪ that's... built around you friendly. we got the ball rolling. in cities across the country, coca-cola joined with communities and local leaders to roll out a summer filled with activity. from atlanta to l.a., people all over found that getting moving can be fun. in fact, it can be a day at the beach! all in all, we inspired three million people to rediscover the joy of being active. now, let's keep it going all year long and make a difference... together. >>> throughout the whole shutdown mess i kept come back to intend oil producers as my pave rat groups. you have to remember all these gigantic oil were made possible by advances in tech knowledge. since then the oil and gas has gotten a lot more tech heavy. when it comes to tech stocks in the oil my view is you need to look no further than core labs. they analyze the rock 'n' fluids in oil reservoirs in order to help the clients produce more oil on a da
from td ameritrade. ♪ [ male announcer ] more room in economy plus. more comfort, more of what you need. ♪ that's... built around you friendly. ♪ that's... built around you friendly. we got the ball rolling. in cities across the country, coca-cola joined with communities and local leaders to roll out a summer filled with activity. from atlanta to l.a., people all over found that getting moving can be fun. in fact, it can be a day at the beach! all in all, we inspired three million people...
122
122
Aug 29, 2013
08/13
by
CNBC
tv
eye 122
favorite 0
quote 0
economy is holding up. what head winds do you see either in canada or here in the united states for you guys? >> so it is different in the two countries. i think they frankly, and i think gordon is reflecting, they think outside canada people worried about the housing bubble more than we werery about it inside canada. definitely our mortgage, personal mortgage growth for the industry, slowed down. and is growing in the 3 to 4% range. but that's not off, it is still continuing to grow and things like business banking are growing double digits lending growth. overall, tdk aechb trust, our personal bank in canada, had earnings growth of 12%. that's good rate of income growth. in the u.s. it is different. earning 22%. so also, record -- we had record growth in canada, u.s. and wealth management group. >> not tail winds. >> yeah, no. exactly. that's double-digit, you know, loan growth and double-digit deposit grej. we do think two tail winds that we had were the result of lower interest rates, were that we had s
economy is holding up. what head winds do you see either in canada or here in the united states for you guys? >> so it is different in the two countries. i think they frankly, and i think gordon is reflecting, they think outside canada people worried about the housing bubble more than we werery about it inside canada. definitely our mortgage, personal mortgage growth for the industry, slowed down. and is growing in the 3 to 4% range. but that's not off, it is still continuing to grow and...
42
42
Dec 10, 2013
12/13
by
CNBC
tv
eye 42
favorite 0
quote 0
this has not been a high growth economy. they have been in recession on and off for the better part of 20 years but they have finally gotten themselves out of recession. i think you have to be long japan and long the right sectors. >> how about a sector? >> i like the real estate sector. beneficiary names as an example. >> all right. >> in terms of what you have heard about the valley, what has come when the fed starts to taper it's going to be at risk. i would think that would put certain sectors at more risk than others. in your view what are the biggest vulnerabilities in the market? >> the financial sector is going to be most at risk. they're going to try not to do that. this is is a great monetary experiment. we haven't been through this before. how it shakes out is something that we will fall out. >> i think japan is going to outperform the united states. i think there are a number of stocks that are likely to work. >> delta is one. we have taken out a tremendous amount of capacity. the economy is growing again. fuel p
this has not been a high growth economy. they have been in recession on and off for the better part of 20 years but they have finally gotten themselves out of recession. i think you have to be long japan and long the right sectors. >> how about a sector? >> i like the real estate sector. beneficiary names as an example. >> all right. >> in terms of what you have heard about the valley, what has come when the fed starts to taper it's going to be at risk. i would think...
176
176
Nov 26, 2013
11/13
by
CNBC
tv
eye 176
favorite 0
quote 1
look as a global economy. that's how we continue to grow. almost 40% of our growth is coming from outside the united states. in these new emerging markets. >> what's the hottest one for you now? >> china is a big market. we have over 800 new retail stores there growing. we're also despited about areas like india and brazil, other emerging markets around the world. >> did you feel that? that was more licensings revenue coming in for neil. >> coming around christmas, that has to be easy. >> peanuts is an amazing christmas. as soon as it stars with halloween to christmas, one time for our brand. >> neil cole with iconix. good to see you. >> let's go to seema mody with a special market flash. >> bitcoin, it's been a volatile week, but bitcoin hit an all-time high today. on twitter a lot of folks trying to figure out if it will break $1,000. let's keep an eye on it. clearly, there is a lot of bullish appetite on the street for bitcoin, the digital currency. bill and kelly. >> for everybody's reading g to new york times online and read andrew ross
look as a global economy. that's how we continue to grow. almost 40% of our growth is coming from outside the united states. in these new emerging markets. >> what's the hottest one for you now? >> china is a big market. we have over 800 new retail stores there growing. we're also despited about areas like india and brazil, other emerging markets around the world. >> did you feel that? that was more licensings revenue coming in for neil. >> coming around christmas, that...
86
86
Jan 24, 2013
01/13
by
CNBC
tv
eye 86
favorite 0
quote 0
so if the economy is getting better, do you want to stay out of gold? let's talk futures now. anthony is at the nynex. explain why good jobs numbers are bad for gold. >> it is two good jobs numbers in a row with the claims numbers. you remember the fed said they were looking for substantial gains in the employment market before they would take their foot off the liquidity gas pedal. that's a logical market reaction to take the top off gold. the other reason is that the yen turned around again, which gives us a small perception of dollar strength or stability. that reason has been going on for a couple of weeks. i think it is somewhat illogical. there is no payday. the jobs numbers is a big deal. >> this is a second time in a month that gold has failed to crack that $1700 level. you got to wonder how significant that is, right? >> yeah, jackie. it is pretty big. i talked to the traders down here in the pits, they look at the gold market as i want to be an investor in gold, i want to own gold, but i don't want to trade gold right now. as jim said, that jobs number was good, and
so if the economy is getting better, do you want to stay out of gold? let's talk futures now. anthony is at the nynex. explain why good jobs numbers are bad for gold. >> it is two good jobs numbers in a row with the claims numbers. you remember the fed said they were looking for substantial gains in the employment market before they would take their foot off the liquidity gas pedal. that's a logical market reaction to take the top off gold. the other reason is that the yen turned around...
86
86
Jun 13, 2013
06/13
by
CNBC
tv
eye 86
favorite 0
quote 0
today i posted an op-ed called growth in a slow economy. this will come from the marriage of technology and health care. we have seen so much innovation in the consumer space, energy space, automotive space but i think health care is the space to watch whether through moeblt, digitalization. it's changed how we buy, give but the impact on health care is in its infancy. we are living longer. mobility is enabling for people to care for themselves at home. digitalization is creating big data. it's being put in a registry and allowing for better medical outcomes. remember watson, the one beating humans an jep di. he's going to medical school. the ability of an individual physician to keep up with the latest developments is limited. watson can absorb it in minutes. it won't replace doctors but it will help them diagnose and treat patients. qualcomm ceo told me that they are backing a clinical trial where you inject a substance into your blood stream and it will aloert you two weeks before you have a heart attack. think of that. it will tell you
today i posted an op-ed called growth in a slow economy. this will come from the marriage of technology and health care. we have seen so much innovation in the consumer space, energy space, automotive space but i think health care is the space to watch whether through moeblt, digitalization. it's changed how we buy, give but the impact on health care is in its infancy. we are living longer. mobility is enabling for people to care for themselves at home. digitalization is creating big data. it's...
91
91
Aug 3, 2013
08/13
by
CNBC
tv
eye 91
favorite 0
quote 0
usually sit out in the big rallies, more cyclical names of companies that do better in an improving economy they ramp. fact is we don't care about blame, we care about winning. and stocks that can't win even in a major rally are stocks you might want to think twice about owning. they're the most vulnerable stocks when a market switches direction. here's the bottom line. after a major short-term rally you want to trim some of your big winners, pare back some momentum names sell some stocks you already planned on dumping and last but not least sell the losers that did nothing in the rally at all and got left behind. i'm telling you right now, they're just plain bad. stick with cramer! >> announcer: keep up with cramer all day long. follow @jimcramer on twitter and tweet your questions, #madtweets. >>> most of my rally playbook has been about what you can do to benefit from higher stock prices, the rally. how you can use a rally to set up for the inevitable rough patches at that time market runs into sooner or later by raising ash into that rally and which stocks you should sell in order to do
usually sit out in the big rallies, more cyclical names of companies that do better in an improving economy they ramp. fact is we don't care about blame, we care about winning. and stocks that can't win even in a major rally are stocks you might want to think twice about owning. they're the most vulnerable stocks when a market switches direction. here's the bottom line. after a major short-term rally you want to trim some of your big winners, pare back some momentum names sell some stocks you...
337
337
Jan 16, 2013
01/13
by
CNBC
tv
eye 337
favorite 0
quote 0
we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks, it's been pretty much nonexistent on the industrial -- >> the markets at fresh five-year highs. >> yeah. it's all because we had the fiscal cliff. and it was so volatile coming into it. we saw some massive swings and massive breakdowns coming into it. it seemed like the market was all over the place. with the debt ceiling, everyone thinks they'll kick the can, raise the debt ceiling up, or get resolved within -- >> that mean the market's at risk? it would seem yes, right? >> see, if you -- my opinion of what will happen is if there's any small breakdown in it, you know, if th
we'll get an indication of where the economy is going and where it's been. volatility, people also watching apple k. it regain $500, that's been, you know, a lot of chatter here and there. and then on the equities side, 1471.25 on s&p futures the high back a few days ago. if we could break through the level, you will see increased fund flows, more money coming to the market to the long side. and it seems like, you know, i'm really -- surprised because the debt ceiling concern and talks,...
278
278
Nov 26, 2013
11/13
by
CNBC
tv
eye 278
favorite 0
quote 1
economy. and yet in june, i think it's hard to argue there had been substantial improvement. and just one indicator, they had gone from 148,000 to 185,000. i think the real reason is they're concerned about the risks being created by the balance sheet growing to large. >> and potentially wonder background tefkiveness of the program at this point, too. >> absolutely. the efficacy of it is in question. yet they continue to do it in september. so i think as part of that, the market now looks and if the fed comes out and says we're not going to raise rates until 2017, i think the market knows that if the conditions change, they're willing to change course. >> i mean, this is an argument against transparency in some -- in some level. i mean, the fed has said we're going to be transparent, we're going to tell the market what we're doing. and i guess there are some major risks to that idea of transparency. >> sure. and you have to look at transparency as two things. first of all, it's a policy tool.
economy. and yet in june, i think it's hard to argue there had been substantial improvement. and just one indicator, they had gone from 148,000 to 185,000. i think the real reason is they're concerned about the risks being created by the balance sheet growing to large. >> and potentially wonder background tefkiveness of the program at this point, too. >> absolutely. the efficacy of it is in question. yet they continue to do it in september. so i think as part of that, the market now...
170
170
Oct 3, 2013
10/13
by
CNBC
tv
eye 170
favorite 0
quote 0
stick around for the big reveal. >>> plus, export economy? dominion resources is leading the charge toward exporting american natural gas as we move closer to shipping out our vast reserves, is now the time to hop aboard? don't miss cramer's exclusive with its ceo all coming up on "mad money." don't miss a second of "mad money." follow @jim cramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com. or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. [ man ] on december 17, 1903, the wright brothers became the first in flight. [ goodall ] i think the most amazing thing is how like us these chimpanzees are. [ laughing ] [ woman ] can you hear me? and you hear your voice? oh, it's exciting! [ man ] touchdown confirmed. we're safe on mars. [ cheers and applause ] ♪ hi. [ baby fussing ] ♪ >>> after today's delayed reaction session where the market finally really did get crushed thanks to the budget fight, we're going to have to start getting a little opportunistic. the gove
stick around for the big reveal. >>> plus, export economy? dominion resources is leading the charge toward exporting american natural gas as we move closer to shipping out our vast reserves, is now the time to hop aboard? don't miss cramer's exclusive with its ceo all coming up on "mad money." don't miss a second of "mad money." follow @jim cramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com. or give us a call at...
51
51
Jun 25, 2013
06/13
by
CNBC
tv
eye 51
favorite 0
quote 0
economy. we don't live in isolation. one thing we learned in 2008 we are completely globalized, completely connected. how does china crash landing not have an impact on the u.s. economy? >> you're preaching to the choir. the u.s. is an economy with lower accommodates, doesn't rely on an export market companies never better balance sheets. we're talking about the united states of merck here aamerica h think it's the tallest man in a small room. >> good way of putting that. b.k. talked about the notion of yields going up for a good reason versus a bad reason. what do you think it is? >> i think the answer is a bad reason. one of the things you should consider with the fed tapering action that hasn't been discussed as the deficit shrinks the fed had been purchasing net u.s. treasuries about a trillion bucks, about $85 billion a month. if the deficit goes down trying to keep that stable alone would suggest some tapering was warranted. look to karen's point, valuation of businesses over a cycle. you say they're cheap but that
economy. we don't live in isolation. one thing we learned in 2008 we are completely globalized, completely connected. how does china crash landing not have an impact on the u.s. economy? >> you're preaching to the choir. the u.s. is an economy with lower accommodates, doesn't rely on an export market companies never better balance sheets. we're talking about the united states of merck here aamerica h think it's the tallest man in a small room. >> good way of putting that. b.k....
51
51
May 8, 2013
05/13
by
CNBC
tv
eye 51
favorite 0
quote 0
second in the global economy, china's showing down again. they've not rebalanced their way from investment to consumption. i'm worried by next year china's growth slows down to 6%. geopolitical risks. negotiations with iran are not going anywhere. >> syria. >> -- a tough choice between attacking iran or having to manage a nuclear iran and contain it. i don't know which way is going to happen. and the u.s. in spite of the monetary and fiscal stimulus, the economy's barely growing 1.5%. in the next couple of quarters, the effects of the sequester, the effects of the payroll tax, are going to slow down the economy further. so being reduced compared to a year ago. they've not been eliminated. >> and yet the markets are sitting at all-time highs. >> yes. >> what are we to make of that? >> well, there is a gap between main street and the real economy in the u.s. and europe, in china. to me, the explanation for the differential between the markets and economic weakness is monetary policy. q 1, q 2, maybe to infinity. cutting rates. the boj is going
second in the global economy, china's showing down again. they've not rebalanced their way from investment to consumption. i'm worried by next year china's growth slows down to 6%. geopolitical risks. negotiations with iran are not going anywhere. >> syria. >> -- a tough choice between attacking iran or having to manage a nuclear iran and contain it. i don't know which way is going to happen. and the u.s. in spite of the monetary and fiscal stimulus, the economy's barely growing...
65
65
Jun 20, 2013
06/13
by
CNBC
tv
eye 65
favorite 0
quote 0
the other emerging economies are essential flat. singapore has relatively honest statistics tissues like other developed countries and oh, emerging economies. >> you've been quoted as saying that you are personally buying gold as well as gold stocks. when you look at the selloff across the board, across asset classes including gold, does that make you question the performance of this particular asset class given the market environment? >> yes, correct. technically commodities look horrible. in particular, also industrial commodities, precious metals also look bad. but some technical factors would suggest that we are approaching at least an intermediate low because the commercials which are essentially hedgers, they are people that produce gold and so continuously hedge at the present time they have an extremely low short exposure. in other words, basically they're accumulating gold. secondly, gold is close to $1300 compared to, say, $700 in 2008, the conditions in the mining industry are horrible. the exploration companies are runni
the other emerging economies are essential flat. singapore has relatively honest statistics tissues like other developed countries and oh, emerging economies. >> you've been quoted as saying that you are personally buying gold as well as gold stocks. when you look at the selloff across the board, across asset classes including gold, does that make you question the performance of this particular asset class given the market environment? >> yes, correct. technically commodities look...
77
77
Jun 29, 2013
06/13
by
CNBC
tv
eye 77
favorite 0
quote 1
this is what happens when economies heat up. but we don't need to wait for inflation to rear its head for gold to rise. we need the traders to expect inflation and they'll dive in rapidly. think about what happened to u.s. treasuries last week. look at this. this is apocalyptic. it collapsed at the hint that the fed may start tightening next year. that's talk. and it's a big reason why gold could turn on a dime. with the precious medals, terrific rally. of course, there's more. look at the gold futures weekly chart. and the important thing, these three lines at the bottom which tracks the commodity futures traders report on gold, it's the c.o.d. it's useful when you're trying to analyze commodities or futures. basically they track three different type was holders, firms buying for hedging purposes, those are the commercial hedgers, red line. then the large speculators, the institutional, green line, and then the small speculators, the blue line. i feel like i'm in boston with the lines. according to garner, the wall street playe
this is what happens when economies heat up. but we don't need to wait for inflation to rear its head for gold to rise. we need the traders to expect inflation and they'll dive in rapidly. think about what happened to u.s. treasuries last week. look at this. this is apocalyptic. it collapsed at the hint that the fed may start tightening next year. that's talk. and it's a big reason why gold could turn on a dime. with the precious medals, terrific rally. of course, there's more. look at the gold...
113
113
Oct 4, 2013
10/13
by
CNBC
tv
eye 113
favorite 0
quote 0
stick around for the big reveal. >>> plus, export economy? dominion resources is leading the charge toward exporting american natural gas. as we move closer to shipping out our vast reserves, is now the time to hop aboard? don't miss cramer's exclusive with its ceo, all coming up on "mad money." don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at 1-800-743-cnbc. miss something? head to madmoney.cnbc.com. [ maplays a key role resethroughout our lives.alth one a day men's 50+ is a complete multivitamin designed for men's health concerns as we age. with 7 antioxidants to support cell health. one a day men's 50+. did nana ever give you cheerios when you were a little kid? yeah, she did. were cheerios the same back then? cheerios has pretty much been the same forever. so...when we have cheerios, it's kind of like we are having breakfast with nana... yeah... ♪ yeah. you're so smart. >>> after today's delayed reaction session where
stick around for the big reveal. >>> plus, export economy? dominion resources is leading the charge toward exporting american natural gas. as we move closer to shipping out our vast reserves, is now the time to hop aboard? don't miss cramer's exclusive with its ceo, all coming up on "mad money." don't miss a second of "mad money." follow @jimcramer on twitter. have a question? tweet cramer #madtweets. send jim an e-mail to madmoney@cnbc.com or give us a call at...
179
179
Feb 20, 2013
02/13
by
CNBC
tv
eye 179
favorite 0
quote 0
so at what point do high gas prices hit the consumer and economy? suze is back. sharon is still in the mix. before we start though, congratulations are in order. we just found out suze orman won her eighth gracy award for outstanding talk show. her record eighth. nobody else has come close to winning as many. >> that terrific, suze. >> thank, you guys. thank you, sharon. >> at what point do see we consumers contract on spending or see other impacts? >> i think once you cross the $4 barrier you absolutely have people saying, are you kidding me? for some reason we are okay with 3.50. we kind of got used to it. it took a while for us to get used to 3.50 but at $4 or above. you see 50 cents different. now you look at 7.50 or $10 a week or 40 or 50 or a hundred dollars a month. then people start to freak. when they freak, this is what happens. they stop going out. don't drive to the mall. don't drive to do things. cut back on vacations. all of those things affect who? they affect the merchant. people who want to sell these people take something. then it affects earnin
so at what point do high gas prices hit the consumer and economy? suze is back. sharon is still in the mix. before we start though, congratulations are in order. we just found out suze orman won her eighth gracy award for outstanding talk show. her record eighth. nobody else has come close to winning as many. >> that terrific, suze. >> thank, you guys. thank you, sharon. >> at what point do see we consumers contract on spending or see other impacts? >> i think once you...
107
107
Dec 18, 2013
12/13
by
CNBC
tv
eye 107
favorite 0
quote 0
economy. this is very good when you said ultimately the transparency into the process leaves a lot of doubt. >> we have a road map at this point. the default from the fed is to reduce taper by $10,000 each time. karen, how do you view it? >> i view it like you are saying the removal of uncertainty is a positive. last week while the data came in better the economic data and the marnlg market sold off, the rumors, sell the news, i am pleased. the other thing is, though, we have often seen the fed has a little better insight into what's going on in the economy than we do. >> as they should. >> hopefully. we hope. >> we think. >> that data i think is very positive, that helps. >> have they been that good as forecasting? i think they have been over this all this week. they were thinking the big conundrum is they haven't stimulated growth. we are at a 2% rate here. it's not just doing what we need to do as far as the economy to go on its own two feet. >> i don't know. i think the fed does have good
economy. this is very good when you said ultimately the transparency into the process leaves a lot of doubt. >> we have a road map at this point. the default from the fed is to reduce taper by $10,000 each time. karen, how do you view it? >> i view it like you are saying the removal of uncertainty is a positive. last week while the data came in better the economic data and the marnlg market sold off, the rumors, sell the news, i am pleased. the other thing is, though, we have often...
62
62
Nov 1, 2013
11/13
by
CNBC
tv
eye 62
favorite 0
quote 0
if they begin to taper, it will be because the economy is doing better, and i get a better e on my earnings front. >> if you look at october, it clearly took a big hit. you saw claims go up quite a lot at the beginning of the month. they started to recover. but they still haven't recovered. to back before they were -- where they were at the beginning. >> instagram, snapshot, vine, twitter, tumbler, like everything. >> but not facebook. >> facebook if i'm bored. >> back to you. >> when you look what's going on with economic data here and abroad. look what's going on with yields. i said the dollars is going through a five year bull run. it's the trade for the next five years. that's what you watch. >> grasso. >> bob doll had his moment there, we were at 1015 in cash, when he said win win. this is his moment. it's the odds are against him at this point. but i would think -- >> you say he's wrong? >> you know, i think the odds are slightly stacked against him. the market has been bought on every one of these selloffs, if we can get an agreement out of d.c., we can see 1850, 1900. >> the company
if they begin to taper, it will be because the economy is doing better, and i get a better e on my earnings front. >> if you look at october, it clearly took a big hit. you saw claims go up quite a lot at the beginning of the month. they started to recover. but they still haven't recovered. to back before they were -- where they were at the beginning. >> instagram, snapshot, vine, twitter, tumbler, like everything. >> but not facebook. >> facebook if i'm bored. >>...
108
108
Aug 21, 2013
08/13
by
CNBC
tv
eye 108
favorite 0
quote 0
how does the economy feel to you? >> nondescript. >> stuck in neutral. >> well, i think there is so much focus on regulation today that if ceos of major corporations were to admit it, they would acknowledge the amount of time they're spending on navigating through this minefield of regulation. for example, look at what the affordable care act is causing people to do in temples of scheduling part-timers. instead of, hey, what's right for the customer, hey, how do we make the customer's experience better, you're watching the clock, because you don't want to get near the 30 hours, for the part-time people, because it will cost you a lot of money. >> right. >> so on the one hand, i understand for every action there's a reaction. what went on in the early 2000s or up to 20308 with the subprime debt and the cbos and all that stuff, we're paying a price. >> right. >> and the price we're paying is not the severe adjustment to the market. the price we're paying is the aggressiveness of regulation right to the point where the -
how does the economy feel to you? >> nondescript. >> stuck in neutral. >> well, i think there is so much focus on regulation today that if ceos of major corporations were to admit it, they would acknowledge the amount of time they're spending on navigating through this minefield of regulation. for example, look at what the affordable care act is causing people to do in temples of scheduling part-timers. instead of, hey, what's right for the customer, hey, how do we make the...
69
69
Sep 17, 2013
09/13
by
CNBC
tv
eye 69
favorite 0
quote 0
we saw a return to good growth and then the sequester stalled the economy again. this linkage is amazing, and it is so abysmal that we all know we have to sell when the president and congress are at loggerheads. that's just what you do. it's empirically smart. the president couldn't be more divisive when he spoke about the upcoming negotiations over the debt ceiling budget deficit. he basically dared the republicans to shut down the government. of course, it would be a 50-50 shutdown, meaning the democrats would be at fault, too. i was aghast at how hard line the president was. he basically said we will shut it. it will be a miracle if we get a deal now. in the context, that vortex steps larry summers, a figure that has polarized everything and everyone in every place he's been. why? because he speaks his mind. heck, i mean, the guy is, he's like a polar bear. that's how much he polarizes and that's how he is for the market. look, we all love honesty in real life. honesty is so not the best policy for a fed chief. no dissembling. we just don't want it in their fac
we saw a return to good growth and then the sequester stalled the economy again. this linkage is amazing, and it is so abysmal that we all know we have to sell when the president and congress are at loggerheads. that's just what you do. it's empirically smart. the president couldn't be more divisive when he spoke about the upcoming negotiations over the debt ceiling budget deficit. he basically dared the republicans to shut down the government. of course, it would be a 50-50 shutdown, meaning...
86
86
Apr 6, 2013
04/13
by
CNBC
tv
eye 86
favorite 0
quote 0
the national auto dealer, a classic tell of the underlying strength of the economy. terrific march car sales would make us feel the employment number might be an aberration and i think it will. we have consumer credit numbers that show consumers are borrowing more aggressively for cars than any time in the last six months. bullish and then after the bell, we hear from the first big retailer, bed, bath & beyond. three weak numbers in a row from this company, first store less than two miles from my house. however, the stock has been incredibly strong since the last bad quarter. i have a theory, just like best buy was to be a showroom for amazon, and it drove it to the low teens and now doubled. we heard the same thing about bed bath. turned out best buy was stronger and more resilient than we thought. i think bbby will be as resilient as bby. you want something to worry about? i will give you something to worry about. thursday's initial unemployment claims. i think they will be horrendous, courtesy of the sequester. kicks in with both barrels. it's going to jar us. so
the national auto dealer, a classic tell of the underlying strength of the economy. terrific march car sales would make us feel the employment number might be an aberration and i think it will. we have consumer credit numbers that show consumers are borrowing more aggressively for cars than any time in the last six months. bullish and then after the bell, we hear from the first big retailer, bed, bath & beyond. three weak numbers in a row from this company, first store less than two miles...
186
186
Oct 2, 2013
10/13
by
CNBC
tv
eye 186
favorite 0
quote 0
economy. maybe, but are people buying that? are they buying that washington is expecting to get its act together and handle the next crisis with no acrimony? i've got another explanation. my reasoning is based on the big bad event theory. when you have a big bad event that's set in stone, something like the government shutdown date, things tend to follow a typical pattern. i consider the example typical because i don't think anybody expected the democrats and republicans to reach a deal before the deadline, did they? maybe after the big bad event, there was lots of selling, people will freak out about consequences, which is what we saw last week and yesterday, we were down 7 out of the last 8 days. but once the event happens, once we get it over with, stocks can really put on a show, which is what we got today. the market's reaction to the shutdown was, hey, been there, done that, know how it plays out. eventually make a deal. even if some takes some time. and when that happens, we feel like morons if we panicked instead of hav
economy. maybe, but are people buying that? are they buying that washington is expecting to get its act together and handle the next crisis with no acrimony? i've got another explanation. my reasoning is based on the big bad event theory. when you have a big bad event that's set in stone, something like the government shutdown date, things tend to follow a typical pattern. i consider the example typical because i don't think anybody expected the democrats and republicans to reach a deal before...
84
84
Jan 3, 2013
01/13
by
CNBC
tv
eye 84
favorite 0
quote 0
we get a better than expected number, which means the economy is strengthening, so, potentially, that before the end of 2013 prof if i sophesy coulde true -- >> if the employment rate gets to where they want it to, i don't think we're close to getting that point. i think people might sell the market on the back of that. but they've reached a point of no return in terms of their policy. it's more of a function of people posturing within the fed, but i think they've gotten to a point where they can't stop. i mean, they've taken this to a point where, what point would there be to stop? >> speaking of not being able to stop, your barber. seriously, what happened last night? >> lydia -- executive producer -- >> senior producer. >> she doesn't like my hair. i think it's great. i think it's rocking. >> now i'm off my train of thought. i got it cut because i wanted to put one of those giraffe things on my head. >> ostrich pillow. >> nobody bought me one. >> brian, what do you think -- >> banana studio pick one of those up for you. the problem you have in the market now is, you have every stra
we get a better than expected number, which means the economy is strengthening, so, potentially, that before the end of 2013 prof if i sophesy coulde true -- >> if the employment rate gets to where they want it to, i don't think we're close to getting that point. i think people might sell the market on the back of that. but they've reached a point of no return in terms of their policy. it's more of a function of people posturing within the fed, but i think they've gotten to a point where...
226
226
Nov 29, 2013
11/13
by
CNBC
tv
eye 226
favorite 0
quote 0
great year for the economy. and that laid the groundwork for a very positive, solid, long, not inflationary recovery. i'm not predicting that's what's going to happen here but if, in fact, the signs of economic strength persist i expect we'll get tapering in the next few months. that will be a little choppy period for the stock market. >> greg, it's michael farr. if we get -- i'm sorry, bill, but if we get that tapering, i've been hearing there's so much cash on the sidelines, so much liquidity in the system, getting a plan out of the fed that might be tapering might not have the same result that the fed tightening has had in the past that we nigmight have a br pullback but markets with a plan and this much cash could continue to rally higher. make sense? >> i think it's going to be a combination of both that, the fundamentals and whether we squeezed out a lot of leverage position in place nine months ago. i mean if you recall when bernanke started to talk about tapering in may it began a long bear market in the
great year for the economy. and that laid the groundwork for a very positive, solid, long, not inflationary recovery. i'm not predicting that's what's going to happen here but if, in fact, the signs of economic strength persist i expect we'll get tapering in the next few months. that will be a little choppy period for the stock market. >> greg, it's michael farr. if we get -- i'm sorry, bill, but if we get that tapering, i've been hearing there's so much cash on the sidelines, so much...
164
164
Mar 9, 2013
03/13
by
CNBC
tv
eye 164
favorite 0
quote 1
today's jobs report saw the economy better than you think. and you ought to think about the health of business. not just the fed. it's business that creates jobs. let's bring in our experts and talk about this story. steve rechuto, the chief economist for mizuho securities. zach karabell. and michael santelli, senior economist with yahoo finance. michael, it is business that creates jobs. it is not the federal reserve that directly creates jobs. and i just want to ask you this. you have the ism's housing, business investment orders, profits all pretty good. is this other piece, can one say that the economy is in fact doing better than most folks thought? >> it is. and i think the markets kind of got to that conclusion already. they were actually pricing in something like this and it continues today. i do think you always had the sense that in business, in the strength of the balance sheets, in the cash richness and the productivity levels of corporate america they actually had the potential energy to have this kind of run of data. i do think
today's jobs report saw the economy better than you think. and you ought to think about the health of business. not just the fed. it's business that creates jobs. let's bring in our experts and talk about this story. steve rechuto, the chief economist for mizuho securities. zach karabell. and michael santelli, senior economist with yahoo finance. michael, it is business that creates jobs. it is not the federal reserve that directly creates jobs. and i just want to ask you this. you have the...